Why invest in a stock whose growth outlook that lags behind the market? Investors looking for companies with extraordinary future prospects in terms of profitability and returns should look atRead More...

Investors seeking to increase their exposure to growth should consider companies such as Equity Financial Holdings and SEMAFO. Analysts are generally optimistic about the future of these stocks, based onRead More...

TORONTO, Nov. 10, 2017 /CNW/ - Equity Financial Holdings Inc. (EQI.TO) ("Equity" or the "Corporation") announced today that the special committee of the board of directors of Equity has retained National Bank Financial Inc. as its independent financial advisor to seek out acquisition proposals in accordance with the go-shop provisions of the arrangement agreement between Equity and Smoothwater Capital Corporation ("Smoothwater"). As previously announced on October 30, 2017, Equity has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Smoothwater pursuant to which Smoothwater has agreed to acquire all of the issued and outstanding shares of Equity (the "Shares"), other than Shares already owned or controlled by Smoothwater, its officers, and by certain other shareholders who have agreed to remain as continuing shareholders, by way of a plan of arrangement (the "Arrangement").

Equity Financial Holdings Inc (TSX:EQI) generated a below-average return on equity of 4.53% in the past 12 months, while its industry returned 9.38%. An investor may attribute an inferior ROERead More...